Lululemon: Overview of Fiscal Fourth Quarter Results

Lululemon Reports Strong Fourth-Quarter Earnings

Lululemon Athletica Inc., headquartered in Vancouver, announced a net income of $586.9 million for its fiscal fourth quarter.

Earnings per share reached $5.01, exceeding the $4.76 per share anticipated by analysts surveyed by Zacks Investment Research.

The company generated $3.64 billion in revenue during the quarter, outperforming the $3.58 billion forecasted by analysts.

For the full fiscal year, Lululemon achieved a profit of $1.58 billion, or $13.26 per share, with total revenue reaching $11.1 billion.

Looking ahead to the quarter ending in April, Lululemon projects revenue between $2.4 billion and $2.43 billion.

For the entire year, the company expects earnings per share to fall between $12.10 and $12.30, with revenue anticipated in the range of $11.35 billion to $11.5 billion.

Report generated using data from Zacks Investment Research.